The usual shortcomings that a real estate investor can make are neglecting the bigger picture to keep more money to the amount they earn. Learn how to figure out the good habit, mindset, and system to put money where it should be!

David Richter, the author of Profit First for Real Estate Investing and an active real estate investor who has closed 850 deals, is here to lead us in knowing the right tools in investment.

This podcast can show you how to avoid the same mistake; at the same time, look at the solution of implementing the things you want to scale to grow in the business.

Key Takeaways

• David Richter inspiringly shows us his journey as he entered real estate investment and continued his Simple CFO business.
• Beginners can test the waters by looking for a particular real estate investment company that they can learn from about running a business and acquiring properties.
• He emphasized the importance of understanding financial statements and hidden revenue can result in sound bookkeeping and good decisions for the business.
• Acquiring a CFO can help to communicate what the business is trying to get done and translate specific jargon for clients.
• The CFO can maximize opportunities for small businesses to send more offers.
• David teaches us how to save and cut time in half in financial house and order, documents to hold on to, and how to track things.

RESOURCES:

• Propstream
• REIsift
• BatchLeads
• Listsource
• Fivvr
• Brandon's Instagram
• Send More Offers Program
• Simple CFO Website
• David Richter Instagram
• David Richter Facebook

When you are placed in a difficult situation while working hard to achieve your goal, is it already time to end grinding?

To succeed in the real estate industry, you must always work in progress with a purpose. In this episode, Brandon Barnes introduced John Stafford, the hailed Grind Guy in Atlanta, to share the life-changing lessons he has experienced that can certainly motivate the starters and ongoing investors in the game.

John Stafford is present here to lead us to the right strategies to network with others, conduct monthly meet-ups consistently, and leverage mentors no matter what.

Key Takeaways

• John Stafford, the Grind Guy in Atlanta, testified about his journey during the recession or the market crash in the real estate industry years ago.
• Starting your real estate industry journey can begin anytime having the right mentor and opportunities.
• Take something new in each step, and keep your cruise going. Nothing stops!
• Aside from cold-calling, John talks about the strategy of door-knocking to every home, engaging with the people, and investing your energy to get positive results.
• John shares his principle to focus on improving to reach new opportunities like shifting from wholesaling houses into the business of Multifamily developing deals.
• John gives you an essential tip for focusing on improving your asset and equity when investing in the real estate industry.
• Remind yourself to do better and never make the same mistake. Set your mindset to achieve success.

RESOURCES:

• Propstream
• REIsift
• BatchLeads
• Listsource
• Fivvr
• Brandon's Instagram
• Send More Offers Program
• John Staffords Instagram: @therealgrindguy
• John Staffords Cellphone Number: +1 404-482-2016
• John Staffords Email: [email protected]

Whether you are a new investor who's still getting a grip on real estate or a seasoned investor looking to make more money with less work and stress, Reverse Wholesaling will give you access to the easiest, time-saving, and risk-reducing strategy being used to close bigger deals in today's market. We invited savvy investor, Jacob Naviaux, on the show to give us an overview of this unique strategy.

Key Takeaways

• When did he transition to generating deals himself and creating LLCs?
• What's the strategic direction they are working on in his company?
• How does he identify those opportunities in the MLS?
• Can they have a multimillion-dollar seven-figure business and never speak to homeowners?
• What are the steps to take when you're reverse wholesaling?

RESOURCES:

• MLS
• Craigslist
• Think and Grow Rich
• Skystone Acquisitions
• Email to- [email protected]
• Send More Offers Program

In today's #Reply episode of SMORES podcast, we are joined by Miguel Roman and Pete Russell. They talk about their journey in creating a thriving business together way back in 2016. Their goal is to simplify the selling process as much as they can while making sure that our customers get a fair price for their homes. If you want detailed acquisitions and marketing secrets, this episode is for you! They also discuss the tactics they utilized as partners, how they go through the challenges to expand their business, and delving into a specific deal to better demonstrate their process.

Miguel Roman and Peter Russell are amazing real estate investors. They are the Co-Founder at Solv Real Estate located in Charlotte, North Carolina US. They have been in the real estate industry for many years and it became clear to them the need for creative solutions in selling and buying residential properties.

Key Takeaways

• How Miguel and Pete met and got into wholesaling
• Everybody has a different way of selling but listen to people and provide solutions
• Their tips for a successful partnership
• What to expect when trying different marketing channels
• A deal isn't closed until it is actually closed

RESOURCES:

• Send More Offers Program
• Solv Real Estate
• Red Ventures
• Miguel's Instagram
• Pete's Instagram
• Never Split the Difference by Chris Voss
• Shoe Dog by Phil Knight

Prospecting is a crucial step in sales that allows you to identify new opportunities for your business and warm up cold leads. It allows you to make the best use of your time, as it often involves in-depth research to qualify leads before you dial and make a call.

All successful cold-callers start way before picking up the phone. It requires practice, dedication, and patience. Today, Brandon is here to help you be as prepared as possible to make the most of each call.

Key Takeaways

• Isolate your good lists and good skip tracing data
• Take a look at your stats and keep track of what's going on
• Make sure that the connectivity rate is good between the prospector and the dialer
• Make sure that you're using your time wisely
• What makes a good contact rate?
• A prospector should have their own set of follow-ups

Resources

• Mojo
• Propstream
• BatchSkipTracing
• Send More Offers Program

Today's market is crazy. We do not know what territory we are in. But don't fret because you can still make dollars in this unfamiliar setup. With the help of real estate and finding better deals at a deeply discounted price, you can still grow your money and skyrocket to the top. Today, Brandon will teach you multiple ways to do more deals without following the same market path.

Key Takeaways

• You have to network, have JV deals and referrals
• Work with other real estate investors in your area
• Let your clients know how you can help them solve problems and let them know what you're doing
• Do pocket listings and work with your fellow real estate investors.
• You can also do novations and allow the homeowner to sign the listing agreement

Resources

• Carrot
• MLS
• Brandon Barnes' Instagram
• Send More Offers Program

In today's #REPLAY episode let's revisit Brandon's tips and tactics. He breaks down the top 3 things to avoid when you are just starting out in the wholesaling business. And shares to us the value of picking the right mentor. Tune in, find inspiration to kick into action, watch out for pitfalls, and send more offers, one more time.

Key Takeaways

• Leverage the experiences of others including their mistakes
• On finding and getting a mentor
• Avoid getting shiny object syndrome
• Avoid starting or growing your business without seeking advice from a litigating real estate attorney
• Avoid going into the wholesaling business alone

Resources

• Send More Offers Program

Do you want to know how to switch your active income into a passive one? Worry no more, because this episode has got you covered.

Nationwide thought leader, master investor, and bona fide real estate influencer, Chris Jefferson, is chatting with us today. He's going to help you prepare so that you too can win in this current market condition. His wholesaling expertise is unmatched and you would definitely need to snatch his techniques. Chris would want you to achieve your financial goals the easy way. So what are you waiting for? Let's give this one a listen.

Key Takeaways

• How did he transition from doing rehab to wholesaling?
• To scale with speed, you have to be in a position where you can scale over the phone
• The importance of understanding the ecosystem of the real estate market
• How does a retail transaction function in real estate?
• Chris explains his "active-pending-sold" strategy
• Go get a quality coach and learn from them

Resources

• The 48 Laws of Power by Robert Green
• Chris on Instagram
• Start Flipping Deals
• Send More Offers Program

In today's #REPLAY episode, Let's look back to the time where Brandon chats with one of his most successful students from Atlanta, Georgia, Courtney Brinkley. Courtney shares how she got started on her real estate wholesaling career and digs deep into the challenges she encountered when first starting out. She also talks about what led her to ultimate success in this business, and how everything changed when she adopted the "Send More Offers" method of marketing for real estate deals.

Key Takeaways

• What led Courtney into real estate and why she chose wholesaling
• Courtney shares her favorite marketing methods and the importance of mastering "one marketing channel" rather than using multiple channels
• The explosive results she received when she started sending out consistent offer letters
• Her amazing story of how she landed her biggest deal...on her birthday
• One of the most impactful books that led to explosive personal growth in Courtney's life
• Her financial goals for 2021 and the exact roadmap she will follow to achieve her goals
• A critical piece of advice for anyone who wants to get into real estate (it's not what you think)

Resources

• Send More Offers Program
• Propstream
• You Can't Teach a Kid to Ride a Bike at a Seminar by David H. Sandler

While fire-damaged properties might be frightening, they also offer amazing opportunities for savvy real estate investors. At times, home buyers stay away from these properties because they frequently have hidden flaws that may not be immediately noticeable to the average investor.

But if you crack the code right, buying fire-damaged properties can bring you a pot of gold. Elijah Rubin has come to hang out with us and share his secrets for making FIRE deals in this unique niche.

Key Takeaways

• How did he start with his fire-damaged niche?
• Was his entry into real estate wholesaling as a whole by chance or was it introduced to him?
• How to collect three checks from fire-damaged properties?
• Is there any difference in how he deals with going on a contract with homeowners in this type of network than in a traditional wholesale lead?
• Elijah shares the usage of the three "E's."

Resources

• Closers Olympics
• Secrets of a Millionaire Mind
• Fire Damage Profits Facebook Group
• Elijah's Instagram